MarketLife Ep 3 – Things people trade and meditation

Podcast-Cover300In this episode of MarketLife, we look at some of the things (markets or instruments) that people trade. (In the introduction to the podcast I said we’d get through more than we actually did. The second part will be in the next episode.) In this episode, you will learn about:

Markets for trading and investing (Part 1)

  • Stocks
    • stocks are partial ownership of a company
    • There are many stocks traded
    • We can divide by country, sector, industry, marketcap
    • Issues with trading or investing: dividends, corporate actions, can be hard to short
    • Information is readily available
    • What can move a stock? News, dividends, anticipated takeover, competitor advance, upgrade/downgrade
  • Futures
    • Size and built-in leverage can be a problem for smaller accounts
    • In many cases, you are trading against insiders!
    • Information can be hard to find or be very expensive
    • Expiration/delivery can be a problem
      • Must roll

Meditation

Here is the link to the meditation course I discussed in the podcast. This is appropriate for everyone from beginners to experienced meditators, so check it out today!

 

Enjoy the show:

AdamHGrimes

Adam Grimes has over two decades of experience in the industry as a trader, analyst and system developer. The author of a best-selling trading book, he has traded for his own account, for a top prop firm, and spent several years at the New York Mercantile Exchange. He focuses on the intersection of quantitative analysis and discretionary trading, and has a talent for teaching and helping traders find their own way in the market.